ASIC Commissioner goes to FOS


Australian Securities and Investments Commission (ASIC) commissioner Shane Tregillis has been appointed chief ombudsman of Financial Ombudsman Services (FOS).
Tregillis rejoined ASIC in May 2010 after eight years with the Monetary Authority of Singapore where he was a deputy managing director.
Tregillis will take up the Melbourne-based role this September when he leaves his current position later this month.
ASIC chairman Greg Medcraft applauded Tregillis’ role as commissioner.
“Shane worked on some of ASIC’s most important projects through their most crucial times, including supervision of ASX following the successful transition to ASIC in August 2010,” said Medcraft. “He will make a superb Chief Ombudsman at FOS.”
ASIC deputy chairman Belinda Gibson will assume Tregillis’ responsibilities.
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